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23 days on Market

12 Ashland Ave, Toronto, Ontario M4L 1K1

$2,500,000
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Detached
5 + 2
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$10,736/mo

Tax Amount (2024)$7,110/yr

Days On Market23 days


Description

Investors, Here it is ,12 Ashland. One of the best investment properties in the beach area. This income property is a legal 4-plex with a coach house apartment for extra income. Current owner has done hundreds of thousands of dollars of improvements over the years of ownership. This property is turn key ready to go. It is fully tenanted and has positive cash flow every month. Looking to get into the housing market? . 4 apartments in the main house. Basement fully renovated 2 bdr apartment, Main floor fully renovated 2 bdr apartment, Second floor fully renovated 1 bdr apartment, Third floor 1 bdr apartment, Coach house fully renovated 1 bdr apartment with wood burning fireplace. There are two garage parking spaces in the back and a third garage/storage bay. Parking for an additional car or scooters behind the house. Beautiful wrap around porch on the main level. Two huge sundecks on the second level. one small deck on the third level. One small landing on the coach house and and beautiful front lawn give all apartments some outdoor space. Located steps from transit, Woodbine Park & beach, Queen street shops and restaurants, and all the summertime concerts and festivals ,makes this property highly sought after and a breeze to keep fully tenanted. Current owner is now looking to retire which is the only reason this great opportunity has come on the market.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt-
Lot Size3,336 SqFt(109.87 x 30.37)
Parking Spaces2
MLS ®NumberE9390572
Community NameThe Beaches
Data SourceTRREB

Features

Heating: Baseboard
Cooling: Wall Unit
Fireplace
Basement: Apartment

Bsmt Floor

Br

0.00 x 0.00

Vinyl Floor / Closet / Window

2nd Br

0.00 x 0.00

Vinyl Floor / Closet / Window

Kitchen

0.00 x 0.00

Modern Kitchen / Vinyl Floor / Window

Living

0.00 x 0.00

Vinyl Floor / Window


Features

Lot size: 3,336 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 0

Total parking spaces 2


Property History

Now
ListedFor Salefor$2,500,000Active
23 days on market
Listing by trreb®
history photo preview3
Aug 2, 2024
ListedFor Rentfor$2,400Delisted
Stayed 1 day on market
Listing by trreb®
history photo preview22
ListedFor Rentfor$2,350Delisted
Stayed 14 days on market
Listing by trreb®
history photo preview30
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Property listed by REAL ESTATE HOMEWARD, Brokerage

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Market DataFor the past 30 days in The Beaches

Median Selling Price

$1,865,000

49.20% more than GTA:

$1,250,000

Median Bidding

Underbidding - Trending to buyer market

-$40,000

GTA median: -$29,000

Median Number of Sales

43 sales

2951 sales less than GTA:

2994 sales

Median Number of Days on Market

12 days

8 days less than GTA:

20 days

Want more insights?Visit the Market Pulse


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Estimated Budget